2000 Chevrolet Monte Carlo Insurance Rates – 9 Savings Tips

Want cheaper auto insurance rates for your Chevrolet Monte Carlo? Trying to find cheaper insurance for a Chevy Monte Carlo can turn out to be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to buy auto insurance and you need to know the proper way to quote coverages for a new or used Chevy and get the lowest possible price.

It’s a great practice to shop coverage around at least once a year because rates go up and down regularly. Just because you found the best price for Monte Carlo coverage a few years ago you can probably find a better price now. You can find a lot of misleading information regarding auto insurance on the web, but with this article, you’re going to get some great ideas on how to find cheap auto insurance.

If you have a current auto insurance policy or are looking for a new policy, you can learn to get lower rates and possibly find even better coverage. Locating cheaper auto insurance is quite easy. Consumers only need to know the best way to compare prices online.

Discounts are available to cut your rates

Insuring your vehicles can cost a lot, but there are discounts available that you may not know about. Certain discounts will be applied when you get a quote, but some may not be applied and must be asked for before you will receive the discount. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Accident Forgiveness – Certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a certain period of time.
  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% for Monte Carlo coverage with certain companies.
  • Homeowners Savings – Being a homeowner can save you money because owning a home shows financial diligence.
  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with better rates on cars that stay parked.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course if it’s offered in school.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Auto/Life Discount – Companies who offer life insurance give a discount if you purchase auto and life insurance together.

Keep in mind that some credits don’t apply to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. So even though it sounds like you could get a free auto insurance policy, auto insurance companies aren’t that generous. Any amount of discount will cut the cost of coverage.

For a list of insurance companies with the best auto insurance discounts, click here.

How to Compare Auto Insurance Quotes

Reducing your 2000 Chevy Monte Carlo insurance rates can be relatively painless. Just spend a few minutes getting comparison quotes from different insurance companies. This is very easy and can be done in a couple of different ways.

  1. The recommended way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This method keeps you from doing separate quote forms for every auto insurance company. Taking the time to complete one form compares rates from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
  2. A more time consuming way to analyze rates is to take the time to go to each company website to request a price quote. For example, let’s assume you want rates from USAA, Allstate and Liberty Mutual. To find out each rate you need to visit each site and enter your information, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just make absolute certain that you use exactly the same coverage limits and deductibles for each price quote. If each company quotes different deductibles you can’t possibly determine which rate is truly the best.

Everyone needs different coverages

When buying adequate coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different.

For example, these questions might point out whether your personal situation will benefit from professional help.

  • I have health insurance so do I need medical payments coverage?
  • What is the rate difference between pleasure use and commuting?
  • Do I have newly-aquired coverage?
  • Do I need special endorsements for business use of my vehicle?
  • When should my teen driver be added to my policy?
  • Should I get collision insurance on every vehicle?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and you can get the answers you need.

Coverages available on your policy

Learning about specific coverages of a insurance policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Liability insurance

This can cover damage or injury you incur to other’s property or people. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like pain and suffering, structural damage, repair bills for other people’s vehicles and bail bonds. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision protection

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like hitting a mailbox, rolling your car, backing into a parked car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like vandalism, hitting a deer, rock chips in glass, fire damage and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like chiropractic care, prosthetic devices and pain medications. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Money doesn’t grow on trees

The cheapest 2000 Chevy Monte Carlo insurance is possible from both online companies in addition to many insurance agents, and you need to price shop both to get a complete price analysis. There are still a few companies who do not provide you the ability to get quotes online and these small, regional companies work with independent agents.

People leave their current company for a variety of reasons including questionable increases in premium, delays in paying claims, an unsatisfactory settlement offer and even high prices. Whatever your reason, finding a great new company is not as hard as you think.

As you go through the steps to switch your coverage, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, someone dropped physical damage coverage only to regret that they should have had better coverage. Your strategy should be to buy a smart amount of coverage at an affordable rate.

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